Saban Brands today announced that it has extended agreements with Nickelodeon and Bandai America Incorporated through 2016 for its globally recognized Power Rangers franchise. Nickelodeon and Saban Brands initiated their strategic partnership when Saban re-acquired the Power Rangers brand in 2010 and re-launched the television series with Power Rangers Samurai in 2011. The extension confirms additional seasons of original Power Rangers programming on Nickelodeon through 2016. Additionally, after more than 20 years since the brand’s introduction of the original Mighty Morphin Power Rangers, Bandai will continue to act as the global master toy licensee for the Power Rangers franchise.

"Our partnership with Nickelodeon has been instrumental in maintaining the popularity of the Power Rangers brand and introducing the series to a new generation of kids,” said Elie Dekel, President of Saban Brands. “Furthermore, our Power Rangers partnership with Bandai has remained strong throughout the past two decades as they continue to develop new products that kids love around the world. We are thrilled to extend the agreements with both Bandai and Nickelodeon, and look forward to continuing these strong partnerships for years to come.”

Saban’s Power Rangers Megaforce, the 20th anniversary season, currently airs on Nickelodeon Saturdays at 1:00 p.m. (ET/PT). The upcoming installment of the television series, Power Rangers Super Megaforce, will premiere in early 2014.